2.20.190 Financial Transactions.
The City Manager has the authority to:
A. Authorize the sale of material and equipment which is determined to be surplus to the needs of the City where the value of such does not exceed twenty-five thousand dollars ($25,000.00).
B. Authorize the City Manager to collect, settle, compromise, release or dismiss any claim of the City of Larkspur, provided its disposition is not otherwise directed by the City Council or by statute, ordinance, resolution, insurance policy or agreement, subject to certain conditions:
1. The amount shall not exceed fifty thousand dollars ($50,000.00) per claim, provided if the claim is in litigation, the concurrence of the City Attorney or other legal counsel retained by the City of Larkspur representing the City of Larkspur or its officers or employees is obtained; and
2. The City Manager shall recommend settlement or rejection of claims beyond their authority to the City Council.
C. Approve for payment expense reports of all City officials and employees not in excess of one hundred dollars ($100.00) when they find the same to be in order; those in excess of one hundred dollars ($100.00) shall require approval of the City Council. (Ord. 1062 § 14, 2022; Ord. 1030 § 2(2), 2018; Ord. 861; Ord. 851 § 1, 1993; Ord. 604 § 1, 1978; Ord. 321 § 2C(5), 1965)